SinghBrothers.ca

18 Woodman Road Wolfville, Nova Scotia B4P 2M5

Heat Pump

$1,095,000

This fourplex is situated on a parklike half-acre lot in the historic town of Wolfville. The building includes a 3 bedroom unit with 2 ensuites while the other three units are two bedrooms & 1 bath. Units A&B have private laundry while units C&D share laundry. Just minutes from the heart of downtown Wolfville, this is an ideal location for young professionals. Vacancy has never been an issue with this sought-after building and location. Investors will be pleased to know that itcurrently carries a 6.4% cap rate with room to grow. Further, using current interest rates the property is cash flow positive.The roof was re-shingled in September 2020. Meanwhile, unit A was extensively renovated in 2022 with a new kitchen, bath, flooring, deck, patio door, lighting, drywall, plumbing, electrical, barn doors and paint throughout. In the last couple of years work updates on the building include some brand new appliances, new toilets, new sewer lift pump, municipal street connection and new heat pumps in all units. With its proximity to shopping, Acadia University, Church Brewing & countless wineries makes this a wonderful opportunity for all investors. (id:51013)

Property Details

MLS® Number 202406217
Property Type Multi-family
Community Name Wolfville
Amenities Near By Golf Course, Shopping, Place Of Worship

Building

Appliances Barbeque, Range, Dishwasher, Dryer, Washer, Microwave, Refrigerator
Constructed Date 1984
Cooling Type Heat Pump
Exterior Finish Wood Siding
Flooring Type Carpeted, Ceramic Tile, Vinyl Plank
Foundation Type Concrete Perimeter
Type Fourplex
Utility Water Municipal Water

Parking

Parking Space(s)

Land

Acreage No
Land Amenities Golf Course, Shopping, Place Of Worship
Sewer Municipal Sewage System
Size Irregular 0.469
Size Total 0.469 Ac
Size Total Text 0.469 Ac

Utilities

Cable Available Unknown

https://www.realtor.ca/real-estate/26707448/18-woodman-road-wolfville-wolfville

Contact Us

Contact us for more information

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Philip Evans

(902) 449-6342

Keller Williams Select Realty
222 Waterfront Drive, Suite 106
Bedford, Nova Scotia B4A 0H3

(902) 407-7373
(902) 407-7374
www.kwhalifax.com

Syna Rasmusson

(902) 999-7962

Keller Williams Select Realty
222 Waterfront Drive, Suite 106
Bedford, Nova Scotia B4A 0H3

(902) 407-7373
(902) 407-7374
www.kwhalifax.com

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